India and Russia have nearly finished talks of an ambitious government-to-government agreement for the long-term import of crude oil by India from Russia’s Far East region, NDTV reports.
The pact is likely to be inked during Russian President Vladimir Putin’s visit in October for the annual summit talks with Prime...
The United States is confident that Russia won’t be able to complete the Nord Stream 2 gas pipeline in the Baltic Sea, the country’s top energy official has said, signaling that Washington will press forward with its opposition to the project, Bloomberg reported on Sunday.
Asked about Russian efforts to circumvent U.S....
Moscow is pushing Belarus to merge with Russia in exchange for cheap energy, the Belarusian leader said Friday, as Russian President Vladimir Putin is believed to be maneuvering to extend his stay in power, Bloomberg reports.
Belarusian strongman Alexander Lukashenko has repeatedly complained in recent months that Moscow has been...
The Organization of Petroleum Exporting Countries (OPEC) and its allies were close to abandoning plans for an emergency meeting this month on Friday, OilPrice.com writes.
The oil cartel and its partners, including Russia, were about to consider fresh production cutbacks as the coronavirus batters oil demand in China.
Saudi Arabia had...
The authorities of the Argentine province of Tierra del Fuego are interested in cooperating with Moscow in the field of gas production and exploration, Russia's Ambassador to Buenos Aires Dmitry Feoktistov told reporters on Thursday, according to TASS.
"The production and exploration of hydrocarbons, primarily gas, both on the territory...
The export arm of Russian gas holding Gazprom and German traders Uniper Global Commodities SE and METHA-Methanhandel GmbH stopped arbitration proceedings on gas prices, Reuters reported.
On January 30, 2018, Gazprom initiated arbitration against German companies with a request to revise prices under natural gas supply contracts.
The hearing was scheduled from January...
Russian energy majors Lukoil and Novatek are in talks with Gazprom Neft about entering a project to develop oil fields on the shelf of the Sea of Okhotsk (the Sakhalin project), three sources told Kommersant.
The Neptune and Triton oil fields, opened in 2018, have total reserves of more than 550 mln tonnes,...
Kazakhstan’s Energy Minister Nurlan Nogaev has suggested considering the opportunity of laying pipes for Gazprom’s Power of Siberia 2 gas pipeline mega-project over the territory of the country with a further connection to the West-East gas pipeline system of China, TASS reports.
According to Serikzhan Ermantaev, a spokesman at the...
The head of Russia’s oil giant Rosneft, Igor Sechin, said on Tuesday the company’s Vostok Oil mega-project in the Arctic will boost the nation’s oil production and accelerate the country’s GDP growth, RBC reported.
Meeting with President Vladimir Putin, Rosneft chief executive Igor Sechin said that Vostok Oil, the company’s project...
Russia could build a nuclear power plant (NPP) in Sri Lanka someday, considering the growing energy demand in the country, Russian Ambassador to Colombo Yury Materiy has said in an interview with Sputnik.
Since the Sri Lankan government favours pollution-free energy and aims at gradually replacing coal and oil with gas and...
